How Lincoln Technical Institute-Moorestown's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Lincoln Technical Institute-Moorestown since 2013.

For that period, the average number of students who received grants aid/scholarships is 776, which is 81.89 % of all undergraduate students. 766 students which is 82.22% of undergraduate students received federal student loans and the average loan amount is $6,615.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	684 (77%)	$3,693	672 (76%)	$3,570	764 (86%)	$6,893
2014-15	661 (79%)	$3,583	657 (79%)	$3,437	699 (84%)	$6,789
2015-16	599 (79%)	$3,620	590 (77%)	$3,504	647 (85%)	$6,513
2016-17	627 (76%)	$3,610	627 (76%)	$3,489	711 (86%)	$6,610
2017-18	673 (78%)	$3,774	667 (78%)	$3,692	734 (85%)	$6,813
2018-19	721 (80%)	$3,645	695 (77%)	$3,619	776 (86%)	$6,933
2019-20	890 (89%)	$4,542	737 (74%)	$3,721	791 (79%)	$6,737
2020-21	1,020 (88%)	$4,068	838 (72%)	$3,648	869 (75%)	$6,200
2021-22	1,112 (91%)	$3,844	880 (72%)	$3,628	905 (74%)	$6,047
Average	776 (81.89%)	$3,820	707 (75.67%)	$3,590	766 (82.22%)	$6,615

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 388 (87.56 % of students) received grants or scholarships and its average amount is $4,217. It can cover 13.09% of tuition & fees ($32,214).

In addition, 383 (87.33 % of students) students get helped from the students loans (average amount : $7,645).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	391 (84%)	$3,938	421 (91%)	$8,578
2014-15	343 (85%)	$4,205	367 (91%)	$8,033
2015-16	303 (81%)	$4,203	347 (93%)	$7,479
2016-17	384 (81%)	$3,803	445 (94%)	$7,322
2017-18	336 (81%)	$4,122	382 (92%)	$7,466
2018-19	338 (84%)	$4,329	378 (94%)	$8,156
2019-20	533 (98%)	$4,225	433 (80%)	$7,531
2020-21	409 (96%)	$4,405	328 (77%)	$7,394
2021-22	454 (98%)	$4,726	342 (74%)	$6,848
Average	388 (87.56%)	$4,217	383 (87.33%)	$7,645

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 363 (82.11 % of students) received Pell (federal) grants and its average amount is $3,918.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	384 (83%)	$3,816	37 (8%)	$1,081	-	-	22 (5%)	$1,569
2014-15	343 (85%)	$3,930	57 (14%)	$959	-	-	8 (2%)	$4,991
2015-16	301 (80%)	$3,969	50 (13%)	$973	-	-	7 (2%)	$4,283
2016-17	384 (81%)	$3,678	55 (12%)	$876	-	-	-	-
2017-18	335 (80%)	$3,978	51 (12%)	$993	-	-	1 (0%)	$1,664
2018-19	338 (84%)	$4,063	79 (20%)	$1,093	-	-	2 (0%)	$1,827
2019-20	486 (90%)	$3,476	49 (9%)	$8,619	-	-	184 (34%)	$763
2020-21	331 (78%)	$4,245	263 (62%)	$651	-	-	308 (73%)	$732
2021-22	362 (78%)	$4,107	53 (11%)	$1,094	-	-	440 (95%)	$1,365
Average	363 (82.11%)	$3,918	77 (17.89%)	$1,815	-	-	122 (35.17%)	$2,149

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 383 (87.33 % of students) get any students loan help and its average loan amount is $383.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	421 (91%)	$8,578	421 (91%)	$7,995	26 (6%)	$9,439
2014-15	367 (91%)	$8,033	367 (91%)	$7,982	3 (1%)	$6,254
2015-16	347 (93%)	$7,479	347 (93%)	$7,402	4 (1%)	$6,635
2016-17	445 (94%)	$7,322	445 (94%)	$7,252	3 (1%)	$10,290
2017-18	382 (92%)	$7,466	382 (92%)	$7,466	-	-
2018-19	378 (94%)	$8,156	377 (93%)	$8,119	2 (0%)	$11,090
2019-20	433 (80%)	$7,531	433 (80%)	$7,411	3 (1%)	$17,431
2020-21	328 (77%)	$7,394	328 (77%)	$7,394	-	-
2021-22	342 (74%)	$6,848	342 (74%)	$6,848	-	-
Average	383 (87.33%)	$7,645	382 (87.22%)	$7,541	7 (2.00%)	$10,190

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Scholarships, Grants, and Loan Trends at Lincoln Technical Institute-Moorestown

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time